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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
The growth of the real gross domestic product (GDP) in Botswana was forecast to increase between 2024 and 2029 by in total three percentage points. This overall increase does not happen continuously, notably not in 2026, 2027 and 2028. The growth is estimated to amount to 3.99 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like South Africa, Eswatini, and Lesotho.
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.
This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Botswana from 2013 to 2023. In 2023, agriculture contributed around 1.58 percent to the GDP of Botswana, 34.32 percent came from the industry and 59.42 percent from the services sector.
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The Gross Domestic Product per capita in Botswana was last recorded at 18846.25 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Botswana, when adjusted by Purchasing Power Parity is equivalent to 106 percent of the world's average. This dataset provides - Botswana GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
According to estimations conducted in December 2020, the real GDP growth in Botswana was envisioned to contract by 8.9 percent in 2020. This is in line with the majority of the economies on the African continent due to the coronavirus (COVID-19) pandemic. Nevertheless, the economy is anticipated to pick up quickly in 2021, with the real GDP growing by 7.5 percent. This is projected to continue in 2022, however at a slower rate, rising by 5.5 percent.
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Botswana BW: GDP: Growth: Gross Capital Formation data was reported at 19.587 % in 2023. This records an increase from the previous number of -6.696 % for 2022. Botswana BW: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 3.134 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 195.452 % in 2008 and a record low of -31.249 % in 1987. Botswana BW: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Botswana – Table BW.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Climate Change, External Debt, Trade.
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Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
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Botswana BW: GDP: % of GDP: Gross Capital Formation data was reported at 30.320 % in 2023. This records an increase from the previous number of 26.790 % for 2022. Botswana BW: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 29.720 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 50.944 % in 1972 and a record low of 6.016 % in 1960. Botswana BW: GDP: % of GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Botswana – Table BW.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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The Gross Domestic Product per capita in Botswana was last recorded at 7235.93 US dollars in 2023. The GDP per Capita in Botswana is equivalent to 57 percent of the world's average. This dataset provides the latest reported value for - Botswana GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2023, the mining and quarrying industry contributed 16.7 percent to Botswana's GDP. Moreover, in the same year, diamond traders added approximately 1.4 percent to the country's economy. Botswana is a leading producer of diamonds on the African continent, together with the Democratic Republic of the Congo and South Africa.
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Graph and download economic data for Deposit Money Bank Assets to GDP for Botswana (DDDI02BWA156NWDB) from 1972 to 2021 about Botswana, deposits, assets, banks, depository institutions, and GDP.
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Key information about Botswana Gross National Product (GNP)
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Graph and download economic data for Gross Portfolio Equity Assets to GDP for Botswana (DDDM09BWA156NWDB) from 1999 to 2020 about Botswana, equity, participation, gross, assets, and GDP.
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Graph and download economic data for Non-Life Insurance Premium Volume to GDP for Botswana (DDDI10BWA156NWDB) from 1994 to 2019 about Botswana, premium, life, insurance, and GDP.
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Graph and download economic data for Stock Market Capitalization to GDP for Botswana (DDDM01BWA156NWDB) from 1993 to 2000 about Botswana, market cap, stock market, capital, and GDP.
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The Gross Domestic Product (GDP) in Botswana contracted 2.90 percent in the third quarter of 2024 over the previous quarter. This dataset provides the latest reported value for - Botswana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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GDP from Transport in Botswana decreased to 869.30 BWP Million in the second quarter of 2024 from 893.60 BWP Million in the first quarter of 2024. This dataset provides - Botswana Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.
7,820 (US dollars) in 2023. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.